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Tuesday, December 14, 2010

Everywhere we turn these days, it seems, leftists are undermining and attacking capitalism on moral grounds. Their criticisms are directed not at merely certain corrupt corporations or individuals who abuse the system, but at the system itself.

Sadly, few conservatives, even conservative Christians, are willing or prepared to defend capitalism's virtues. Rather than tout it in terms of liberty, they sheepishly apologize for its allegedly inherent greed.

It's a testament to the power of propaganda and the appeal of emotion over reason that a system that has produced the greatest prosperity in world history is castigated on moral grounds, while those systems that have proliferated abject misery, poverty, tyranny and subjugation are hailed as morally superior.

Granted, most leftists don't openly confess their hostility to capitalism, but they come close, especially in their endless waging of class warfare.

Surely you've heard Obama say, preposterously, "A free market was never meant to be a free license to take whatever you can get, however you can get it." No one actually supports this straw man argument. American capitalism has always been subject to the rule of law. Even the fiercest free market proponents don't defend the license to steal or economic anarchy.

Hidden in Obama's statement (and more apparent in some of his other statements) are unmistakable implications that those who thrive in our system are immoral and don't deserve it and that the less successful have been cheated out of their just desserts. This doubtlessly proceeds from his leftist view of the relationship between government and the people.

The left doesn't seem to comprehend the indispensability of private property to liberty or the necessity of liberty to achieve prosperity. To them, it is not individuals operating in a climate of liberty who produce prosperity. Government produces (or magnanimously permits) the creation of wealth and is the most appropriate vehicle for distributing that wealth and delivering the greatest good to the greatest number of people.

America's gross national product first belongs to the government, and only that portion the government allows you, in its beneficence, to keep after taxes is your money. But even then, it is not wholly your money, for you are not free to transfer it by gift (lifetime or death) to whomever you'd like without penalty. And interest you earn on it will also be taxed.____

David Limbaugh, brother of radio talk-show host Rush Limbaugh, is an expert in law and politics and author of new book Crimes Against Liberty, the definitive chronicle of Barack Obama's devastating term in office so far.